$695,000
$35K PRICE DROP

5212 Watchmans Cove Gainesville, GA 30504

Estimated payment $4,326/month

Total Views 4,704
3 Beds
2 Baths
2,120 Sq Ft
$328 Price per Sq Ft

Highlights

  • Active Adult
  • Lake View
  • Community Lake
  • Gated Community
  • Craftsman Architecture
  • Clubhouse

About This Home

Live the Lake Lanier Lifestyle in Stephens Point! Beautifully upgraded 3-bedroom, 2-bath Brunswick plan with an UNFINISHED DAYLIGHT BASEMENT with covered Patio ready to double your living space! Enjoy maintenance-free living in the gated 55+ community of Stephens Point, where HOA fees include lawn care, trash pickup, and access to a 14-slip community dock on Lake Lanier! This move-in-ready home sits on a premium wooded lot with seasonal lake views and is just steps from the clubhouse, pool, and pickleball courts. The open-concept design features a chef's kitchen with white cabinetry, granite countertops, stainless steel appliances, and a 9-foot island that flows into a spacious great room with tray ceiling and cozy fireplace. Relax on the screened porch with Underdeck system and enjoy the peaceful lake breeze, or retreat to the luxurious primary suite with sitting area, spa-style bath, and huge walk-in closet. Additional highlights include luxury vinyl plank flooring, crown molding, and a full blinds package. Stephens Point offers resort-style amenities-clubhouse, pool, pickleball, billiards, shuffleboard, sidewalks, and golf cart access to the community dock. Lawn care and trash service are included, so you can spend more time enjoying lake life, leisure, and low-maintenance living. Conveniently located near Historic Flowery Branch, Gainesville, and I-985. Owner is a licensed agent.

Listing Agent

Sheila Davis

The Norton Agency License #244784 Listed on: 07/24/2025

The Norton Agency

Co-Listing Agent

Vicki Holland

The Norton Agency License #423944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,020

Year Built

  • Built in 2022

Lot Details

  • 6,970 Sq Ft Lot

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Screened Porch
  • Lake Views
  • Pull Down Stairs to Attic
  • Home Security System
  • Laundry Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub Includes Tile Surround

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Schools

  • Everwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Phone Available

Listing and Financial Details

  • Tax Lot 105

Community Details

Overview

  • Active Adult
  • $2,205 Initiation Fee
  • Association fees include maintenance exterior, ground maintenance, management fee, reserve fund, sewer, swimming, tennis
  • Stephens Point Subdivision
  • Community Lake

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,020

Year Built

Built in 2022

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • ArchitecturalStyle: Craftsman
  • Co List Office: NORT
  • Electric: 220 Volts
  • Levels: One
  • Lot Size Acres: .16
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2120
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Dining Room Features: Separate Room
  • Basement: Bath/Stubbed, Concrete, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Total Finished Sq Ft: 2120
  • Unfinished Below Grade Sq Ft: 2120
  • Above Grade Finished Sq Ft: 2120
  • Interior Amenities: Double Vanity, Master On Main Level, Pulldown Attic Stairs, Tile Bath, Tray Ceiling(s), Walk-In Closet(s)
  • Feature Name: Lanier
  • Full Bathrooms: 2
  • Fireplace Features: Factory Built, Family Room, Gas Log
  • Flooring: Carpet, Laminate, Tile
  • Kitchen Features: Breakfast Bar, Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • ExteriorFeatures: Other
  • Lot Features: Other
  • Patio And Porch Features: Screened
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake

Garage/Parking

  • Parking Features: Garage, Garage Door Opener, Kitchen Level

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Natural Gas
  • Laundry Features: Other
  • Security Features: Gated Community, Security System
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2940
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Pool, Retirement Community, Sidewalks, Street Lights

Fee Information

  • Initiation Fee: 2205
  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Management Fee, Reserve Fund, Sewer, Swimming, Tennis

Schools

  • Elementary School: Everwood
  • High School: West Hall
  • High School Bus: Yes
  • Middle School: West Hall
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 64
  • Lot: 105

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5020

MLS Schools

  • Elementary Bus Line: Yes

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,119 $205,880 $30,000 $175,880
2023 $4,336 $189,920 $28,000 $161,920
2022 $412 $12,600 $12,600 $0
2021 $377 $13,040 $13,040 $0
2020 $278 $9,000 $9,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2025 09/24/25 Price Changed $695,000 -3.5% $328 / Sq Ft
08/18/2025 08/18/25 Price Changed $720,000 -1.4% $340 / Sq Ft
07/24/2025 07/24/25 For Sale $730,000 -- $344 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,505 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $461,230 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10567129

Georgia MLS

APN: 08-00065-00-305